Effect of Undergrounding and Utility Pole Removal Projects on Land Prices Considering the Heterogeneity of Spatial and Price Ranges

• Oba Tetsuharu

  Kyoto University

Bibliographic Information

Other Title

• 距離帯と価格帯の異質性を考慮した無電柱化事業が地価に及ぼす影響
• Quantile Regression for Past Data from Undergrounding and Utility Pole Removal Projects in Kyoto City from FY 1986 to FY
• 1986年度から2017年度までの京都市電線類地中化実績データに基づいた分位点回帰分析

Abstract

To examine the effect of undergrounding and utility pole removal projects on land prices considering the heterogeneity of spatial and price ranges, this study estimates the land price functions using three econometric models by collecting and sorting past data on undergrounding projects in cooperation with Kyoto City. The marginal effect of undergrounding projects and the associated characteristics are clarified in terms of both spatial ranges and price ranges at each quantile of land price. In particular, the marginal effect of these projects tends to be attenuated by spatial distance. Within a distance of 0-50 m from an undergrounding and utility pole removal project, the effect is more pronounced in higher land price ranges than in lower ones. Additionally, the marginal effect is 38.7 points higher where existing utility poles are removed compared to where only the underground work is completed.

Journal

• Journal of the City Planning Institute of Japan

  Journal of the City Planning Institute of Japan 54 (3), 464-471, 2019-10-25

  The City Planning Institute of Japan

Keywords

• Undergrounding and Utility Pole Removal Projects
• Land Price
• Heterogeneity
• Quantile Regression

Details

• CRID: 1390282752358592384
• NII Article ID: 130007742044
• DOI: 10.11361/journalcpij.54.464
• ISSN: 21850593
• ISSN: 09160647
• Web Site: https://www.jstage.jst.go.jp/article/journalcpij/54/3/54_464/_pdf
• Text Lang: ja
• Data Source:
  • JaLC
  • Crossref
  • CiNii Articles
  • KAKEN
• Abstract License Flag: Disallowed